Nifty holds 7767 demand zone,EOD Analysis

• FII's bought  0.08 K contract of Index Future worth 34 cores ,3.2 K Long contract were liquidated by FII's and 4 K  short contracts were liquidated by FII's. Net Open Interest decreased  by 7.2 K contract, so today's fall  in market was used by FII's to exit long and  exit shorts in  Index futures. Nifty Options-What happens on Expiration day?
  

Nifty closed tad above  7767 which is a strong demand zone

Continue Reading